Monitor Key Performance Indicators for Sounder Management

There are innumerable metrics that can be tracked to measure the health of a business. Actual vs. forecast, inventory turnover ratio, employee retention rate, operating cash flow, and customer attrition rate are just a few.  But which measures are truly relevant for the business – and which ones aren’t – to gain true insight and to guide real improvement continues to elude many executives.  Methodologies such as Six Sigma, Supply Chain Operations Reference, and Balanced Scorecarding help define an organization’s key performance indicators, but not how to implement the active monitoring of them.  The mechanism chosen must then pervade the operations of the enterprise to achieve the full benefits of corporate performance management.

Netwoven is a Microsoft professional services partner with deep expertise in performance scorecarding solutions.  We specialize in serving medium to large organizations across several vertical segments with comprehensive business intelligence implementation services.  We are experts on the Microsoft BI platform including Microsoft Business Scorecard Manager 2005, and leverage Microsoft Sharepoint Technologies for dashboard visualization.

Intuitive Dashboard Design to Monitor Metrics
Netwoven’s robust scorecard solutions provide personalized dashboards with deep contextual insight into mission-critical business drivers.  We work to define the customer’s user requirements for intuitive visual interface and electronic dashboard design that increase scrutiny and understanding.  Customers are able to view and manage metrics and measurement reporting across the organization with speed, convenience and precision – allowing more employees to align their individual activities with overall corporate strategy. 

Executives use scorecards to communicate corporate strategy clearly to line-of-business employees, link departmental goals, and personalize KPIs for different functions, roles, and levels within the organization.  An easy-to-use, web-based user experience can provide snapshots of key financial and operational data as meters, gauges, flags, stoplights, or numerics – understandable at a glance.  Functional scorecards provide a streamlined view of a particular aspect of the business intended for specific departments.  Cross-functional scorecards incorporate data from all financial and operational areas.  Both highlight areas of success for setting internal benchmarks and spotlight threshold levels of concern that require individuals to take immediate action. 
All of Netwoven’s scorecarding engagement integrate and consolidate critical data from multiple departmental systems as necessary. This integration provides decision makers with an accurate balanced perspective across enterprise departments such as Finance, Operations, Sales, and Manufacturing, for example.  As the final stage of all projects, executives, managers, and front-line workers are equally trained to solidify their knowledge and understanding of their new BI solution.

Using Netwoven for corporate performance management ensures that more information workers hold the potential to improve the business on a daily basis with better, faster, and more relevant decisions.

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